Monday, September 11, 2017

POLITICS - Our Federal Debt Ceiling

Federal Debt Ceiling is our nation's 'credit card' limit.

"What you need to know about the federal debt ceiling, and why you should care" PBS NewsHour 9/7/2017


SUMMARY:  An agreement between President Trump and Democrats for a three-month extension for the debt ceiling means Congress temporarily ducks a political debate.  But the recurring battle will surface again in December.  What could happen if we don't raise the debt limit?  Lisa Desjardins explains the history of the debt limit and how it works.

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